Jollibee Group recognized for Outstanding Performance with 2021 ASEAN Business Award for Food and Beverage Sector

MANILA, Philippines. December 3, 2021 – Homegrown restaurant company Jollibee Group was recently cited as the winner of the 2021 ASEAN Business Award for Priority Integration Sector: Food & Beverage. The Priority Integration Sector Award Category recognizes outstanding performance by large ASEAN enterprises. Out of seven Priority Integration Sector awardees, Jollibee Group is the only Philippine-based company recognized in the said category.

Hosted by the ASEAN Business Advisory Council - Brunei, this year's ASEAN Business Awards celebrated the innovation and creative solutions of ASEAN businesses at a time of great challenge. The awards aim to showcase home-grown ASEAN globally competitive companies, as well as spotlight promising SMEs.

"We thank the ASEAN people for warmly welcoming our food into their families and homes, and recommending us to their friends and acquaintances in other parts of the world. This recognition inspires us all to do more and work even harder in our mission of serving great-tasting food, bringing the joy of eating to everyone," shared Ernesto Tanmantiong, Chief Executive Officer of Jollibee Group.

"We share this honor with our teams in the Jollibee Group and our partners, past and present, who have worked hard alongside one another to bring us to where we are now. We truly believe that, with ASEAN talent, we have what it takes to become one of the best in the world," added Tanmantiong.

The ASEAN Business Advisory Council first launched the annual ASEAN Business Awards in 2007 to recognize enterprises contributing to ASEAN's economic growth and prosperity. The ASEAN Business Awards Panel of Judges included representatives from all ASEAN member states – Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.

About Jollibee Group

Jollibee Foods Corporation (JFC, also known as Jollibee Group) is one of the fastest-growing restaurant companies in the world. It operates in 34 countries, with over 5,800 stores globally with branches in the Philippines, United States, Canada, the People's Republic of China, United Kingdom, Italy, Spain, Vietnam, Brunei, Singapore, Saudi Arabia, United Arab Emirates, Qatar, Oman, Kuwait, Bahrain, Indonesia, Costa Rica, Egypt, Panama, Malaysia, South Korea, Japan, and India.

Jollibee Group has eight wholly-owned brands (Jollibee, Chowking, Greenwich, Red Ribbon, Mang Inasal, Yonghe King, Hong Zhuang Yuan, Smashburger); six franchised brands (Burger King, Panda Express, PHO24, and Yoshinoya in the Philippines; Dunkin' and Tim Ho Wan in certain territories in China); 80% ownership of The Coffee Bean and Tea Leaf; and 60% ownership in the SuperFoods Group that owns Highlands Coffee and PHO24.

Jollibee Group, through its subsidiary Jollibee Worldwide Pte. Ltd. (JWPL) owns 90% participating interest in Titan Dining LP, a private equity fund that ultimately owns the Tim Ho Wan brand. It also has a joint venture with the THW Group to open and operate THW restaurants in Mainland China. Jollibee Group also has a business venture with award-winning Chef Rick Bayless for Tortazo, a Mexican fast-casual restaurant business in the United States. Recently, the Jollibee Group acquired 51% ownership of Milksha, a popular Taiwanese bubble tea brand.

Jollibee Group was named the Philippines' most admired company by the Asian Wall Street Journal for ten years. It was also honored as one of Asia's Fab 50 Companies and among the World's Best Employers and World's Top Female-Friendly Companies by Forbes. In 2020, Gallup awarded the Jollibee Group with the Exceptional Workplace Award, making it the first Philippine-based company to receive the distinction.

Jollibee Foods Corporation has grown brands that bring delightful dining experiences to its customers worldwide, thus spreading the joy of eating to everyone.

To learn more about Jollibee Group, visit www.jollibeegroup.com

This is a press release from the Jollibee Group.